Richmond Fed's view of key financial and economic issues. read more
Federal Reserve Bank of Richmond Company Culture
Federal Reserve Bank of Richmond Culture
This score is derived from employee ratings & reviews3.2/5
Federal Reserve Bank of Richmond's Overall Culture is rated C
Top Rated Culture Dimensions
Office Culture
B-Environment
C+Executive Team
C+Meetings
C+Team
C+Federal Reserve Bank of Richmond CEO
Bottom 30%Bottom 30% of Similar Size Companies on Comparably
Jeffrey Lacker
62 /100
See More
Diversity at Federal Reserve Bank of Richmond
N/A
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterWomen at Federal Reserve Bank of Richmond
N/A
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterFederal Reserve Bank of Richmond eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Top 50%Top 50% of Similar Size Companies on Comparably
Recommend to a Friend?
-11
Federal Reserve Bank of Richmond employees are -11% more likely to recommend Federal Reserve Bank of Richmond as a great place to work
| 33% | Promoters |
|---|---|
| 23% | Passives |
| 44% | Detractors |
Working at Federal Reserve Bank of Richmond
Working at Federal Reserve Bank of Richmond is rated below average by 10 employees, across various culture dimensions. Federal Reserve Bank of Richmond employees rate Office Culture highest among all categories, and think that Leadership and Manager have the most room for improvement, putting Federal Reserve Bank of Richmond’s culture in the Bottom 40% compared to similar sized companies on Comparably and in the Bottom 30% compared to other companies in Richmond, VA. See below in detail how working at Federal Reserve Bank of Richmond was rated by employees.
Overall Company Culture at Federal Reserve Bank of Richmond
C
Overall Company Culture at Federal Reserve Bank of Richmond is rated C
Last updated months ago
Bottom
40%
Federal Reserve Bank of Richmond ranks in the Bottom 40% of other companies on Comparably with 1,001-5,000 Employees for Overall Company Culture Score
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterFederal Reserve Bank of Richmond Employee Reviews
Out of 10 Federal Reserve Bank of Richmond employee reviews, 88% were positive. The remaining 12% were constructive reviews with the goal of helping Federal Reserve Bank of Richmond improve their work culture.
| Positive Reviews | 88% |
|---|---|
| Constructive Feedback | 12% |
Positive Reviews From Federal Reserve Bank of Richmond Employees
- What did you like most about the interview process?The staff was very encouraging.
- What makes you most happy at work?Just the fact that I'm working with a great company.
- What is most positive about the culture and environment at your company?Our company is very inclusive
Constructive Feedback From Federal Reserve Bank of Richmond Employees
- What needs to change to make the company culture better?Leadership and Management show no support of, or value in their employees or their contributions and no value in quality work.
Federal Reserve Bank of Richmond Company Information
Federal Reserve Bank of Richmond Company Overview
Richmond Fed's view of key financial and economic issues.
Federal Reserve Bank of Richmond Mission, Vision & Values
Federal Reserve Bank of Richmond Mission Statement
As a regional Reserve Bank, we serve the public by fostering the stability, integrity and efficiency of our nation's monetary, financial and payments systems.
Federal Reserve Bank of Richmond Vision Statement
To be an innovative policy and services leader for America's economy.
Federal Reserve Bank of Richmond Values
- Serve with Integrity
- Lead with Courage
- Perform with Excellence
| Headquarter | Richmond Richmond, VA United States of America |
|---|---|
| Website | www.richmondfed.org/ |
| Founding Date | 1914 |
| Tel | (804)697-8752 |
| Company Status | Private |
Federal Reserve Bank of Richmond Competitors
Federal Reserve Bank of Richmond competitors include Union First Market Bank, Wells Fargo, and M&T Bank. Federal Reserve Bank of Richmond ranks 3rd in Overall Culture Score on Comparably vs its competitors. See below how Federal Reserve Bank of Richmond compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.
Federal Reserve Bank of Richmond Employees
10 employees at Federal Reserve Bank of Richmond have reviewed Federal Reserve Bank of Richmond across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.
Overall, the 10 Federal Reserve Bank of Richmond employees give their leadership a grade of D+, or Bottom 25% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at Federal Reserve Bank of Richmond are not very pleased with their total compensation at Federal Reserve Bank of Richmond, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at Federal Reserve Bank of Richmond are generally satisfied with their team. 10 Participants grade the quality of their coworkers a C+. The majority believe the meetings at Federal Reserve Bank of Richmond are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at Federal Reserve Bank of Richmond believe the environment at Federal Reserve Bank of Richmond is positive. Most Participants believe the pace of work at Federal Reserve Bank of Richmond is moderate. About 83% of the employees at Federal Reserve Bank of Richmond work 8 hours or less.
Overall, the employees at Federal Reserve Bank of Richmond are not very happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
Joining Federal Reserve Bank of Richmond - Employee Onboarding
The prevailing opinion from employees about joining Federal Reserve Bank of Richmond is that the company was very prepared on their first day. Federal Reserve Bank of Richmond employees concluded that their overall onboarding experience was positive. 100% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
Federal Reserve Bank of Richmond KPIs and OKRs
Employees’ understanding of Federal Reserve Bank of Richmond's KPIs and OKRs is essential for its success. Out of 3 Federal Reserve Bank of Richmond employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 2 have said yes.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
Federal Reserve Bank of Richmond CEO & Leadership
Federal Reserve Bank of Richmond CEO - Jeffrey Lacker
62 /100
Jeffrey’s approval rate is lower compared to CEOs at similar sized companies, putting Jeffrey in the Bottom 30% of all CEOs of similar-sized companies on Comparably, and in the Bottom 20% compared to CEOs of all other companies in Richmond, VA. Jeffrey Lacker’s employees rank Federal Reserve Bank of Richmond in the Top 40% for Office Culture, in the Top 50% for Environment, and in the Top 50% for Executive Team. When compared to Federal Reserve Bank of Richmond’s competitors, Jeffrey Lacker ranks below both Wells Fargo CEO Charles Scharf and M&T Bank CEO Rene F Jones.
Federal Reserve Bank of Richmond Leadership
The Federal Reserve Bank of Richmond Executive Team is rated a “C+” and led by CEO Jeffrey Lacker, Executive Vice President, Supervision, Regulation & Credit Lisa White, and Group Vice President Sherri Thorne
Jeffrey Lacker CEO / President
Jeffrey Lacker serves as the CEO / President of Federal Reserve Bank of Richmond.
Lisa White Executive Vice President, Supervision, Regulation & Credit
Lisa White serves as the Executive Vice President, Supervision, Regulation & Credit of Federal Reserve Bank of Richmond.... read more
Sherri Thorne Group Vice President
Sherri Thorne serves as the Group Vice President of Federal Reserve Bank of Richmond. Sherri started at Federal Reserve... read more
Todd Dixon Vice President
Todd Dixon serves as the Vice President of Federal Reserve Bank of Richmond. Todd started at Federal Reserve Bank of... read more
Ghada Ijam Sr. Vice President, National IT
Ghada Ijam serves as the Sr. Vice President, National IT of Federal Reserve Bank of Richmond. Ghada started at Federal... read more
Laura Mayer Vice President, System Payroll
Laura Mayer serves as the Vice President, System Payroll of Federal Reserve Bank of Richmond. Laura started at Federal... read more
Donnie Harper Senior Vice President
Donnie Harper serves as the Senior Vice President of Federal Reserve Bank of Richmond. Donnie started at Federal Reserve... read more
Joan Garton Vice President - Bank Supervision
Joan Garton serves as the Vice President - Bank Supervision of Federal Reserve Bank of Richmond. Joan started at Federal... read more
Federal Reserve Bank of Richmond Salaries
How much does Federal Reserve Bank of Richmond pay?
How much do people at Federal Reserve Bank of Richmond get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Federal Reserve Bank of Richmond is $118,477, or $56 per hour, while the estimated median salary is $120,847, or $58 per hour.
At Federal Reserve Bank of Richmond, the highest paid job is a Director of Sales at $207,785 annually and the lowest is a CS Rep at $47,985 annually. Average Federal Reserve Bank of Richmond salaries by department include: Product at $151,638, Sales at $141,091, Marketing at $105,058, and Legal at $160,998. Half of Federal Reserve Bank of Richmond salaries are above $120,847.
6 employees at Federal Reserve Bank of Richmond rank their Compensation in the Bottom 40% of similar sized companies in the US (based on 20 ratings) while 6 employees at Federal Reserve Bank of Richmond rank their Perks And Benefits in the Bottom 30% of similar sized companies in the US (based on 8 ratings).
Salaries contributed from Federal Reserve Bank of Richmond employees include job titles like DevOps. Comparably data has a total of 0 salary records from Federal Reserve Bank of Richmond employees.
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $69k | $69k | 1st Percentile |
17th Percentile $97k | $97k | 17th Percentile |
33rd Percentile $121k | $121k | 33rd Percentile |
50th Percentile $174k | $174k | 50th Percentile |
67th Percentile $230k | $230k | 67th Percentile |
83rd Percentile $238k | $238k | 83rd Percentile |
100th Percentile $285k | $285k | 100th Percentile |
$118,477*
Average Compensation
$120,847*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
Federal Reserve Bank of Richmond Salaries by Department
Diversity & Inclusion at Federal Reserve Bank of Richmond
The Diversity score provides insights into how diverse employees feel and rate their work experience at Federal Reserve Bank of Richmond across various culture dimensions.
Ranked Culture the Highest
Ranked Culture the Lowest
Federal Reserve Bank of Richmond Perks & Benefits
Health & Wellness
- Health Insurance
Paid Time Off
- PTO / Vacation Policy
Federal Reserve Bank of Richmond PTO
Federal Reserve Bank of Richmond's PTO and Vacation policy typically gives 10-15 days off a year. Federal Reserve Bank of Richmond's benefits and PTO Package averages to represent a $2500+ cash value per month.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
Federal Reserve Bank of Richmond Careers
Federal Reserve Bank of Richmond Jobs
No Recent Jobs found for Federal Reserve Bank of Richmond on Comparably
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H1B Visa
In 2019, Federal Reserve Bank of Richmond applied for 2 H1B visas. Of the work permits applied for, 100% were approved.
Work Permit Application Outcome
2
Total Applied
H1B Applications Outcome
- 100% Granted (2 out of 2)
- 0% Denied ( out of 2)
- 0% Withdrawn Application was withdrawn by the employer before approval/rejection ( out of 2)
- 0% Certified-Withdrawn Application was approved but later withdrawn by employer ( out of 2)
This data was calculated using publicly sourced data from OFLC Performance Data
Let Federal Reserve Bank of Richmond Know You Want To Work There
Overview of Candidates Interested in Federal Reserve Bank of Richmond on Comparably
Candidates By Department
All Industries | 100% |
|---|
Candidates By Location
Richmond | 100% |
|---|
Frequently Asked Questions regarding Federal Reserve Bank of Richmond
What is Federal Reserve Bank of Richmond address?
Federal Reserve Bank of Richmond location is at Richmond
Who is the CEO of Federal Reserve Bank of Richmond?
Federal Reserve Bank of Richmond CEO is Jeffrey Lacker, their score by employees is 62
What is Federal Reserve Bank of Richmond eNPS?
The eNPS for Federal Reserve Bank of Richmond is -11
What is the salary for Executive Assistant in Federal Reserve Bank of Richmond?
Executive Assistant average salary in the US is 69k
What are the salaries in the Finance in Federal Reserve Bank of Richmond?
The average salaries for Finance in Federal Reserve Bank of Richmond is 86k
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